Vietnam.vn - Nền tảng quảng bá Việt Nam

Gold price today July 29: Domestic gold price is 12 million higher due to sharp decrease in world gold price

Gold price today July 29, 2025: World gold price drops sharply, increasing the gap with domestic gold to 12.55 million VND. Gold price drops after US-EU trade agreement

Báo Nghệ AnBáo Nghệ An28/07/2025

Domestic gold price today 7/29/2025

As of 4:30 a.m. on July 29, 2025, the domestic gold bar price is based on yesterday's closing price. Specifically:

The price of SJC gold bars listed by DOJI Group is at 119.6-121.1 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 119.6-121.1 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 120.3-121.1 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 100 thousand VND/tael for both buying and selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119.6-121.1 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 118.8-121.1 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions compared to yesterday.

Gold price today July 29: Domestic gold price is 12 million higher due to sharp decrease in world gold price

As of 4:30 a.m. on July 29, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 116-118.5 million VND/tael (buy - sell); the price remained unchanged in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday.

The latest gold price list today, July 29, 2025 is as follows:

Gold price today
July 29, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
119.6 121.1
- -
DOJI Group
119.6 121.1
-
-
Red Eyelashes
120.3 121.1
+100 +100
PNJ
119.6
121.1
- -
Bao Tin Minh Chau
119.6
121.1
- -
Phu Quy 118.8 121.1
- -
1. DOJI - Updated: 7/29/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price Buy Sell
AVPL/SJC HN 119,600 121,100
AVPL/SJC HCM 119,600 121,100
AVPL/SJC DN 119,600 121,100
Raw material 9999 - HN 108,500 109,500
Raw material 999 - HN 108,400 109,400
2. PNJ - Updated: July 29, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,960 12,110
PNJ 999.9 Plain Ring 11,600 11,850
Kim Bao Gold 999.9 11,600 11,850
Gold Phuc Loc Tai 999.9 11,600 11,850
PNJ Gold - Phoenix 11,600 11,850
999.9 gold jewelry 11,510 11,760
999 gold jewelry 11,498 11,748
9920 jewelry gold 11,426 11,676
99 gold jewelry 11,402 11,652
916 Gold (22K) 10,532 10,782
750 Gold (18K) 8,085 8,835
680 Gold (16.3K) 7,262 8,012
650 Gold (15.6K) 6,909 7,659
610 Gold (14.6K) 6,439 7,189
585 Gold (14K) 6,145 6,895
416 Gold (10K) 4,157 4,907
375 Gold (9K) 3,675 4,425
333 Gold (8K) 3,146 3,896
3. SJC - Updated: 7/29/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 119,600 121,100
SJC gold 5 chi 119,600 121,120
SJC gold 0.5 chi, 1 chi, 2 chi 119,600 121,130
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 114,500 117,000
SJC 99.99% gold ring 0.5 chi, 0.3 chi 114,500 117,100
Jewelry 99.99% 114,500 116,400
Jewelry 99% 111,747 115,747
Jewelry 68% 72,410 79,310
Jewelry 41.7% 41,793 48,693

World gold price today July 29, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. on July 28, Vietnam time, was 3,308.09 USD/ounce. Today's gold price decreased by 30.27 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,360 VND/USD), the world gold price is about 108.55 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 12.55 million VND/tael higher than the international gold price.

World gold prices fell sharply due to the USD's appreciation after the trade agreement between the US and the European Union (EU). This made investors more optimistic about market risks, while waiting for new signals on interest rate policy from the upcoming meeting of the US Federal Reserve (Fed).

Specifically, spot gold prices fell 0.91% to their lowest level since July 9. Meanwhile, gold futures in the US also fell 0.6% to $3,320.20/ounce.

The dollar rose to a one-week high, making gold more expensive for foreign investors. Experts said the trade deal reached by the US and the EU over the weekend helped push the greenback higher. The deal imposes 15% tariffs on some EU goods, far lower than initially threatened, easing fears of a wider trade war.

“The more trade announcements there are, the stronger the dollar will be,” said Edward Meir, an analyst at Marex. “These deals are good for the dollar, reducing the appeal of gold and causing prices to fall in an otherwise optimistic market environment.”

In addition to the agreement with the EU, the US also signed a trade agreement with Japan last week. Meanwhile, US and Chinese representatives will resume negotiations in Stockholm, with the aim of extending the trade war truce for another 90 days. However, the US side said it does not expect a major breakthrough, but only focuses on monitoring and implementing existing commitments.

“Gold prices are not falling too much because these deals may be difficult to execute or unsustainable,” Meir said.

The Fed is expected to keep its benchmark interest rate unchanged at 4.25%–4.50% after its two-day meeting on Wednesday. However, markets still expect the Fed to cut rates in September. Gold tends to rise in a low-interest-rate environment.

Besides gold, silver prices fell slightly by 0.2% to $38.05/ounce. Meanwhile, platinum fell by 1.8% to $1,375.88/ounce, while palladium rose slightly by 0.5% to $1,226.25/ounce.

Gold Price Forecast

Marc Chandler, CEO of Bannockburn Global Forex, said gold is struggling to break through key resistance levels, opening the way for further declines. He predicted that if gold breaks below $3,321.50, it could plunge to $3,309, or even below $3,300, and continue to decline to $3,250.

Michael Moor, founder of Moor Analytics, also pointed out that short-term technical signals are signaling a reversal. Similarly, expert Alex Kuptsikevich of FxPro warned that if gold fails to hold above $3,450, the risk of falling to $3,150 or lower is very clear.

Concerns about global trade and sovereign debt are driving investors to safe-haven assets, pushing up gold prices. Experts have sharply revised up their gold price forecasts for this year and the years ahead, according to a Reuters survey.

The average gold price in 2025 is forecast at $3,220 an ounce, up from $3,065 in the survey three months ago, according to a survey of 40 analysts and traders. The forecast for 2026 also increased to $3,400 an ounce, up from $3,000 previously.

Despite the buoyant stock market, gold prices are now less than 5% below their April record. Aakash Doshi, head of gold strategy at State Street Global Advisors, said gold remains supported by solid fundamentals, creating an attractive buying opportunity.

He is bullish on the outlook for August, especially if the Fed signals easing at its Jackson Hole conference. A change in the Fed’s stance could send gold prices higher.

"The first half of 2025 has proven what many have believed: gold is not just a hedge, but also an important market signal," said David Russell of GoldCore. He said that if concerns about the US fiscal situation increase, gold prices could hit $4,000 by the end of 2026.

According to Reuters, despite the short-term correction, gold is still in a long-term uptrend. HSBC said that if the price falls to $3,000, institutional investors will increase their purchases. Central banks and large funds still consider gold as an asset to hedge against inflation and geopolitical risks.

Source: https://baonghean.vn/gia-vang-hom-nay-29-7-gia-vang-trong-nuoc-cao-hon-12-trieu-do-vang-the-gioi-giam-manh-10303400.html


Comment (0)

No data
No data
Northern islands are like 'rough gems', cheap seafood, 10 minutes by boat from the mainland
The powerful formation of 5 SU-30MK2 fighters prepares for the A80 ceremony
S-300PMU1 missiles on combat duty to protect Hanoi's sky
Lotus blooming season attracts tourists to the majestic mountains and rivers of Ninh Binh
Cu Lao Mai Nha: Where wildness, majesty and peace blend together
Hanoi is strange before storm Wipha makes landfall
Lost in the wild world at the bird garden in Ninh Binh
Pu Luong terraced fields in the pouring water season are breathtakingly beautiful
Asphalt carpets 'sprint' on North-South highway through Gia Lai
PIECES of HUE - Pieces of Hue

Heritage

Figure

Business

No videos available

News

Political System

Local

Product